2025-12-27 03:26:43

Meme coins are experiencing a rapid decline. From the frenzy of last Christmas to now, the situation in this sector has changed dramatically.

According to market data, meme coins have been halved within a year, with a decline of up to 65%. By mid-December, the market capitalization reached $35 billion, hitting a new low since 2025. Although there was a rebound on Friday, bringing the market cap back to around $36 billion, the rebound was quite limited.

In comparison, it's even more heartbreaking. Last Christmas, the valuation of meme coins was close to $100 billion, and market sentiment was extremely high. Now? From peak to trough, the shrinkage exceeds 60%.

Trading activity has also decreased. The total trading volume in this sector has shrunk by 72% over the past year, dropping from its previous scale to $3.05 trillion. What does this indicate? Retail investors are starting to withdraw from high-risk assets. Meme coins have always been seen as a barometer of retail risk appetite, and now this needle is pricking sharply—clearly showing that market participants have become much more cautious, and attracting funds has become significantly more difficult.

So why is this happening? Last year, political factors were the main drivers of meme coin surges. Enthusiasm around the US elections pushed meme coin valuations to historic highs, with various election-themed tokens dominating social media and on-chain activity. But ironically, after entering 2025, this political momentum did not continue; instead, it accelerated the sector’s downward trend. The high-profile token issuance related to political figures has noticeably declined. The market is gradually returning to rationality from a speculative atmosphere, and the popularity and attention of related projects are also fading.

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InscriptionGriller

· 12-27 03:55

The political hype has cooled off completely, and the project team has already run away after harvesting the profits. This is the fate of meme coins.

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SelfStaking

· 12-27 03:54

Last Christmas, 100 billion dropped to 35 billion, now that's a real roller coaster. Once the political dividends are gone, no one will play anymore, it's hilarious. The emotional needle of retail investors is really hurting now. Another wave of blood and tears from the high-level bagholders. Let's wait for the next hot spot, meme coins are just like that.

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JustHodlIt

· 12-27 03:51

Political coins are finally cooling off, it was about time. Last year's crazy operations really were just cutting leeks. Retail investors have finally learned their lesson; withdrawing in time is the way to go. From 100 billion to 35 billion, that gap... is quite harsh. Meme coins are just emotional games; once the hype passes, they're done for, with no real value. Rebound? Forget it, it can't hold up at all. Funds have already fled. 72% of trading volume has evaporated, indicating everyone has woken up. The political hype has faded, speculators have dispersed, and this is the normal return. For those who bought in high, now you can feel the reality, right?

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rugdoc.eth

· 12-27 03:41

Old tricks again, once the political dividends are gone, no one is left. This is the fate of meme coins. --- From 100 billion to 35 billion, retail investors sold off their holdings at lightning speed. --- 72% of trading volume has shrunk, indicating everyone is starting to learn their lesson. --- Those who bought at high prices are still crying, and this time they really need to take the lesson to heart. --- It's hilarious—last Christmas, we thought this thing could fly to the sky, but it was cut in half overnight. --- Market rationality returning? It's just that all the chives have been harvested. --- The rebound to 36 billion is just so-so; it can't really create any waves. --- The barometer for retail investors is well-deserved; just a poke and you know who is taking the final baton.

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NFTDreamer

· 12-27 03:35

Once the political hype passes, this is what happens. Last Christmas, it was so lively, and now it's directly cut in half... Retail investors deserve to be harvested. Meme coins are just gamblers' playgrounds. Without a narrative, no one will play. From 100 billion down to 35 billion, is this a rebound? Uh, not worth mentioning. Is the market becoming rational? I think the retail investors have just been awakened from being cut. Once the political dividends are gone, there's no show left. That's enough, all retail investors.

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